Citizens Financial Group Announces Prime Rate Change

Key Terms

prime lending rate financial

The prime lending rate is the interest rate banks typically charge their most creditworthy customers for loans; think of it as the store price that lenders offer to their best buyers. It matters to investors because many consumer and business loan rates, mortgages and corporate borrowing costs are tied to that rate, so changes act like a ripple that affects company profits, consumer spending and overall market valuations.

treasury management services financial

Treasury management services are the tools and processes a company uses to handle its cash, payments, borrowing and short-term investments—like a personal finance app but for a business's money. Investors care because efficient treasury work lowers the risk of running out of cash, reduces borrowing costs and can boost returns on idle funds, which affects a company’s stability, creditworthiness and ultimately its stock value.

foreign exchange financial

Foreign exchange is the process of swapping one country's money for another’s, like exchanging dollars for euros when traveling. It matters because it determines how much your money is worth in another country, affecting prices, investments, and international trade. This system helps businesses and governments buy and sell across borders smoothly.

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 6.75 percent from 7.00 percent, effective Thursday, December 11, 2025.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $222.7 billion in assets as of September 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251210426700/en/

Media: Courtney Robinson

Corporate Communications Director

Courtney.A.Robinson@citizensbank.com

Source: Citizens Financial Group, Inc.